Nord Stream-2 Seeks Financing

摘要

The Gazprom - led Nord Stream - 2 project is beginning to work on securing external financing for the ?9.9 billion ($11.2 billion) scheme, although the shareholder structure has yet to be finalized and opposition to the proposed 55 Bcm/yr pipeline is still strong in Europe. "We are hiring financial and legal advisors now, who will work on this project," said Paul Corcoran, the financial director at Swiss - based consortium Nord Stream - 2 AG. Gazprom will likely perform this work on its own, as it remains the sole shareholder of Nord Stream-2 AG.